P.R.U.M. Damayanthi
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Funds released $0.00
Sector Retail
Repayment term in months 24.0

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About P.R.U.M. Damayanthi

Maala runs a small grocery shop in Manupa in Anuradhapura district. Her shop is 7 years old. She lives with her husband and two sons. Husband is a laborer and he too helps his wife’s business from time to time. She and her husband want to give their children a good education. Maala became a new BMI member in 2012 and she got her first financial assistance in the same year. The loan amount she received is Rs. 30,000. She spent her loan amount to purchase groceries. Because she used the loan amount efficiently, her monthly income raised up to Rs. 45,000. Now, Maala plans to increase the variety of goods, and expand her shop. So, she applied for another loan amount of Rs. 50,000 to buy other varieties of goods.

Partner MFI
Name: Berendina Microfinance Institute Ownership: Non profit
Year Founded: 2007 Partner Since: 2012
Interest Rate: 25.0 % Target Clients: Economically active and inactive poor
Repayment overview

Total Funded Amount = $210.08
Total Loan Amount = $420.17

Repayment Overview chart

Note: This chart indicates the repayment by entrepreneurs on the principal amount. The actual repayment amounts include the interest on the loan and will be different.
Progress Report
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UnitedProsperity.org is a U.S. 501(c)3 non-profit organization